San Marino - Taxes on international trade (current LCU)

The value for Taxes on international trade (current LCU) in San Marino was 2,375,483 as of 2019. As the graph below shows, over the past 24 years this indicator reached a maximum value of 6,000,000,000 in 1995 and a minimum value of 2,173,971 in 2018.

Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1995 6,000,000,000
2002 4,434,883
2003 3,785,163
2004 5,954,377
2005 8,536,640
2006 10,050,580
2007 9,096,039
2008 9,161,145
2009 3,912,369
2010 3,835,400
2011 3,662,735
2012 3,111,685
2013 2,885,726
2014 2,820,543
2015 2,848,464
2016 2,659,904
2017 2,539,226
2018 2,173,971
2019 2,375,483

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance